Friday 28th Feb 2020 - Logistics Manager Magazine

Tesco sales continue to grow in “subdued” UK


Tesco saw its fifth consecutive year of Christmas trading growth, despite what its outgoing chief executive Dave Lewis described as a “subdued UK market”.

For the 19 weeks-ending 4 January, like-for-like sales in the UK were down 0.2% to £13.7 bn.

The retailer said it saw a strong performance in fresh food, including an enthusiastic customer response from customers for its plant-based foods range.

Tesco also revealed that its online grocery business delivered more than 14 million orders across the 19 week period.

In Tesco Booker, its wholesale business, like-for-like sales over the 19-week period leading up to Christmas rose by 4.1% to £2.2 bn. Tesco said that the acquisition of the assets of Best Food Logistics from Bidcorp was proceeding as planned and it anticipated completion in early March.